Ashford Keys Senior Operating Lessee definition

Ashford Keys Senior Operating Lessee means each of the parties set forth on Schedule XIII attached hereto.

Examples of Ashford Keys Senior Operating Lessee in a sentence

  • To Borrower’s knowledge, Borrower, Operating Lessee, Ashford Keys Senior Operating Lessee and Mortgage Borrower have not infringed, are not infringing, and have not received written notice of infringement with respect to asserted trademarks, trade names and service marks of others.

  • For so long as the Lien of the Pledge Agreement is outstanding, Borrower and Ashford Keys Senior Operating Lessee shall forever warrant, defend and preserve such title and the validity and priority of the Lien of the Pledge Agreement and shall forever warrant and defend such title, validity and priority to Lender against the claims of all persons whomsoever.

  • At the request of Lender, Borrower shall execute a certificate in form satisfactory to Lender listing the trade names under which Borrower and Ashford Keys Senior Operating Lessee intend to maintain the Collateral, and representing and warranting that Borrower and Ashford Keys Senior Operating Lessee do business under no other trade name with respect to the Collateral.

  • Without limiting the foregoing, Borrower and Ashford Keys Senior Operating Lessee each have sufficient control over Mortgage Borrower or Operating Lessee, as applicable, to cause Mortgage Borrower or Operating Lessee, as applicable, to (i) take any action on Mortgage Borrower’s or Operating Lessee’s, as applicable, part required by the Loan Documents and (ii) refrain from taking any action prohibited by the Loan Documents.

  • To Borrower’s knowledge, there is no infringement by others of trademarks, trade names and service marks of Borrower, Operating Lessee, Ashford Keys Senior Operating Lessee or Mortgage Borrower.

  • To Borrower’s knowledge, all trademarks, trade names and service marks necessary to the business of Borrower, Operating Lessee, Ashford Keys Senior Operating Lessee or Mortgage Borrower as presently conducted or as Borrower, Operating Lessee, Ashford Keys Senior Operating Lessee or Mortgage Borrower contemplates conducting its business are in good standing and uncontested.

  • Neither Borrower nor Ashford Keys Senior Operating Lessee shall create, incur, assume or suffer to exist any Lien on any portion of the Collateral or permit any such action to be taken, except Permitted Encumbrances.

  • Borrower represents and warrants that the chart attached hereto as Exhibit A sets forth an accurate listing of the direct and indirect owners of the equity interests in Mortgage Borrower, Borrower, Ashford Keys Senior Operating Lessee, each SPE Component Entity (if any) and each Guarantor (when not an individual).

  • If Borrower or Ashford Keys Senior Operating Lessee do not now have an organizational identification number and later obtain one, or if the organizational identification number assigned to Borrower or Ashford Keys Senior Operating Lessee subsequently changes, Borrower shall promptly notify Lender of such organizational identification number or change.

  • Borrower and Ashford Keys Senior Operating Lessee have the power and authority and the requisite Ownership Interests to control the actions of Mortgage Borrower and the Operating Lessee, respectively, and upon the realization of the Collateral under the Pledge Agreements, Lender or any other party succeeding to Borrower’s or Ashford Keys Senior Operating Lessee’s interest in the Collateral described in the Pledge Agreements will have such control.

Related to Ashford Keys Senior Operating Lessee

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Partnership Group Member means any member of the Partnership Group.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.

  • Management Entity means the community developmental disability program or private corporation that operates the regional crisis diversion program, including acting as the fiscal agent for regional crisis diversion funds and resources.

  • Operating Partnership has the meaning set forth in the preamble.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Company Operating Agreement means the Restated Operating Agreement of the Company dated August__, 2019, as amended from time to time.

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;